CarMax Company Insiders

CarMax's latest congressional trading

CarMax Management Team Effectiveness

The company has Return on Asset of 0.0177 % which means that on every $100 spent on assets, it made $0.0177 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.082 %, implying that it generated $0.082 on every 100 dollars invested. CarMax's management efficiency ratios could be used to measure how well CarMax manages its routine affairs as well as how well it operates its assets and liabilities. Return On Equity is likely to rise to 0.10 in 2024, whereas Return On Tangible Assets are likely to drop 0.02 in 2024. At this time, CarMax's Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to rise to about 23.4 B in 2024, whereas Non Currrent Assets Other are likely to drop slightly above 262.7 M in 2024. Common Stock Shares Outstanding is likely to rise to about 191.8 M in 2024. Net Income Applicable To Common Shares is likely to rise to about 932.9 M in 2024

CarMax Workforce Comparison

CarMax Profit Margins

The company has Net Profit Margin of 0.02 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.02 %, which entails that for every 100 dollars of revenue, it generated $0.02 of operating income.

CarMax Insider Trading History

CarMax Notable Stakeholders

The success or failure of an entity such as CarMax Inc often depends on how effective the management is. CarMax management team is responsible for propelling the future growth in the right direction and administering and controlling the business activities and accounting for the results. Ineffective management usually contributes to failure in the company's future performance for all stakeholders equally, but most importantly, for investors. So it is important to measure the effectiveness of CarMax management before purchasing its stock. In many ways, it's all about finding the answer to one important question - Are they doing the right thing right now? How would we assess whether the CarMax management is utilizing all available resources in the best possible way? Also, how well is the company doing relative to others in its sector and the market as a whole? The answer can be found by analyzing a few important fundamental indicators such as return on assets and return on equity.

The data published in CarMax's official financial statements usually reflect CarMax's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of CarMax Inc. For example, before you start analyzing numbers published by CarMax accountants, it's critical to develop an understanding of what CarMax's liquidity, profitability, and earnings quality are in the context of the Specialty Retail space in which it operates.

Please note, the presentation of CarMax's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, CarMax's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in CarMax's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of CarMax Inc. Please utilize our Beneish M Score to check the likelihood of CarMax's management manipulating its earnings.

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in CarMax Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

When running CarMax's price analysis, check to measure CarMax's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CarMax is operating at the current time. Most of CarMax's value examination focuses on studying past and present price action to predict the probability of CarMax's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CarMax's price. Additionally, you may evaluate how the addition of CarMax to your portfolios can decrease your overall portfolio volatility.

Is CarMax's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CarMax. If investors know CarMax will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CarMax listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of CarMax Inc is measured differently than its book value, which is the value of CarMax that is recorded on the company's balance sheet. Investors also form their own opinion of CarMax's value that differs from its market value or its book value, called intrinsic value, which is CarMax's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CarMax's market value can be influenced by many factors that don't directly affect CarMax's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between CarMax's value and its price as these two are different measures arrived at by different means. Investors typically determine if CarMax is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CarMax's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.